Tax revenue as a proportion of GDP in Paraguay
Paraguay: Tax revenue as a proportion of GDP was 11.4% in 2024. ▲ Rising
Latest (2024)
11.4%
Change on year
up 12.5%
World rank
131st
of 164 countries
All-time high
11.4%
in 2024
All-time low
7.8%
in 2007
Years of data
20
2005–2024
Tax revenue as a proportion of GDP in Paraguay, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Paraguay recorded 11.4% for tax revenue as a proportion of gdp in 2024. That is the highest value across all 20 years on record.
That represents a change of up 12.5% on the previous year and up 17.0% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Paraguay peaked at 11.4% in 2024 and was at its lowest, 7.8%, in 2007.
That places Paraguay 131st out of 164 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Tax revenue as a proportion of GDP in Paraguay, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 8.3% | — |
| 2006 | 8.4% | +1.0% |
| 2007 | 7.8% | -6.1% |
| 2008 | 8.1% | +3.3% |
| 2009 | 8.3% | +2.9% |
| 2010 | 8.9% | +6.5% |
| 2011 | 9.4% | +5.6% |
| 2012 | 9.5% | +1.0% |
| 2013 | 8.9% | -5.6% |
| 2014 | 9.7% | +9.1% |
| 2015 | 9.6% | -1.1% |
| 2016 | 9.6% | -0.9% |
| 2017 | 10.0% | +4.2% |
| 2018 | 10.1% | +1.2% |
| 2019 | 10.0% | -0.8% |
| 2020 | 9.5% | -4.8% |
| 2021 | 9.8% | +2.9% |
| 2022 | 10.3% | +4.8% |
| 2023 | 10.1% | -1.2% |
| 2024 | 11.4% | +12.5% |
Paraguay compared with similar countries
- Paraguay's 11.4% is below the median for upper middle income countries, which is 17.2%, 66% of the median. (45 countries reporting)
- Paraguay's 11.4% is below the median for Latin America & Caribbean, which is 15.7%, 73% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.2% | 7.8% | 8.4% | 5 |
| 2010s | 9.6% | 8.9% | 10.1% | 10 |
| 2020s | 10.2% | 9.5% | 11.4% | 5 |
Countries ranked near Paraguay
- 128 Kazakhstan 11.9% compare
- 129 Guatemala 11.6% compare
- 130 Uzbekistan 11.5% compare
- 132 Cameroon 11.3% compare
- 133 Indonesia 11.1% compare
- 134 United States of America 10.9% compare
More economy & growth data for Paraguay
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 235.57 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0048 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 33.59 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.18 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 7.56 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.024 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 168.31 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -3.22 % change on previous year (2024)
Frequently asked questions
- What is tax revenue as a proportion of gdp in Paraguay?
- Tax revenue as a proportion of gdp in Paraguay was 11.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Paraguay?
- The highest recorded value was 11.4% in 2024.
- What is the lowest tax revenue as a proportion of gdp recorded in Paraguay?
- The lowest recorded value was 7.8% in 2007.
- How does Paraguay rank for tax revenue as a proportion of gdp?
- Paraguay ranks 131st out of 164 countries with data for 2024.
- Is tax revenue as a proportion of gdp rising or falling in Paraguay?
- Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
- Where does this Paraguay data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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